Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal - 2022
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (CIF) - 2022
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,140 per ton, rising by 5.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $2,332 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($2,650 per ton) and India ($2,166 per ton), while the price for China ($2,070 per ton) and Indonesia ($2,098 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (FOB) - 2022
In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $681 per ton, remaining constant against the previous year. Overall, the export price saw a mild curtailment. The export price peaked at $710 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2019 to 2022, the rate of growth in terms of prices for Thailand amounted to -30.4% per year.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal
Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Nepal reached 9.8K tons in 2022, increasing by 4.5% on the previous year. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning expanded markedly to $21M in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 130%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 5.7 | 2.4 | 7.0 | 10.6 | 23.0% |
| India | 5.1 | 3.1 | 10.2 | 9.2 | 21.7% |
| China | 3.5 | 1.6 | 0.8 | 0.6 | -44.4% |
| Thailand | 0.8 | 0.8 | 0.8 | 0.4 | -20.6% |
| Others | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Total | 15.3 | 8.3 | 19.0 | 20.9 | 11.0% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Nepal in 2022:
- Indonesia (5.0K tons)
- India (4.3K tons)
- China (0.3K tons)
- Thailand (0.2K tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal
After two years of decline, overseas shipments of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -18.2% to 135 kg in 2022. Over the period under review, exports showed a sharp contraction.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning shrank sharply to $92 in 2022. In general, exports showed a precipitous setback.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 121 | N/A | N/A | 92.0 | -8.7% |
| China | 163 | N/A | N/A | N/A | 0% |
| Japan | N/A | N/A | 114 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 284 | N/A | 114 | 92.0 | -31.3% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Nepal in 2022:
- Thailand (135.0 kg)
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